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Grant Update - Export Enterprise Finance Guarantee

Posted by Ewan McClymont on 05/04/2012

The Export Enterprise Finance Guarantee (Ex-EFG) scheme facilitates the provision of commercial export finance facilities where viable SMEs lack the security necessary to obtain them. As a loan guarantee scheme it operates in a similar way to the Enterprise Finance Guarantee (EFG) initiative whereby the Government provides the lending bank with 60% guarantee for each individual facility. The borrower pays an up-front 3% per annum ...

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Grant Update - Apprenticeship Grant for Employers

Posted by Ewan McClymont on 05/04/2012

Launched in February 2012 and available to March 2013, the Apprenticeship Grant for Employers of 16-24 year olds (AGE) is aimed at helping eligible employers to offer young people employment through the Apprenticeship programme.

The National Apprenticeship Service will provide 40,000 Apprenticeship Grants of up to £1,500 for 16-24 year olds employed as new apprentices. The £1,500 is ...

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Grant Update - Rural Economy Grant

Posted by Ewan McClymont on 05/04/2012

The Rural Economy Grant (REG) has just been launched in response to Defra's Rural Economy Growth Review, which identified that large grants are needed in key business sectors to unlock significant rural economic growth potential.

REG can provide grants to enable significant 'game-changing' transformational performance in farm, forestry, tourism, agri-food and micro businesses in rural areas in England. Project applications will need to demonstrate that ...

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